China Trade - Highlight
12 Jan 2017
Kennede Electronics has hopes of exploring investment opportunities in a number of areas, including Africa, in a bid to reduce its production costs, while strengthening its market coverage in Asia and Europe. Additionally, in order to advance its production and global sales, Kennede Electronics is in the process to set up a company based in Hong Kong to take advantage of the city’s professional services and trade facilities.
Between 26 January and 1 February this year, the combined turnover of 50 of Hangzhou’s leading retail businesses, including department stores, supermarkets, restaurants, home appliance stores, tea houses and specialty streets, exceeded RMB597 million, up 10.2% year-on-year.